Selling Swing: shorted NFLX 300 weekly calls at .90 area ve
Posted: Thu Jul 07, 2011 11:55 am
Selling Swing: shorted NFLX 300 weekly calls at .90 area vertical trough NFLX 305 weekly calls at .25-.30 area. Covering short on GOOG 540 weekly calls at 3.70-.80 but wil hold the 545 weekly long leg a little longer. Now that we went earlier long on GOOG 535 weekly calls it is helping offset the very strong loss taken on the short on 540 puts, will keep holding this position .
This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!
This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!